Masontown at a glance
- Population: a Census-estimated 505, placing it 147th among West Virginia's 230 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 507 residents here (US Census Bureau).
- 2020 to 2023 change: about 0.4% below the 2020 Census base (US Census Bureau).
- Rank among West Virginia places: 147th of the state's 230 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 36% of West Virginia's Census places by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 39.5512, -79.8003.
- Nearest larger cities: Reedsville, WV (3 mi); Kingwood, WV (8 mi); Morgantown, WV (10 mi); Westover, WV (12 mi); Star City, WV (12 mi), each a US Census place with its estimated population.
- Smaller places nearby: Albright, WV (9 mi); Tunnelton, WV (11 mi); Bruceton Mills, WV (11 mi), per US Census Bureau estimates.
What a personal loan costs in Masontown
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
West Virginia lending rules that apply in Masontown
The table lists the West Virginia rules that apply to a loan made in Masontown, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 31% per year on unsecured loans of $3,500 or less; 27% on $3,500–$15,000; 18% above $15,000 (W. Va. Code § 46A-4-107) Source says: the loan finance charge, calculated according to the actuarial method, may not exceed 31 percent per year | West Virginia Legislature (West Virginia Code) as of 2026-09-16 |
| Payday lending status | Traditional payday lending is generally prohibited; check cashers are regulated under W. Va. Code ch. 32A Source says: Traditional "Payday Lenders" are generally prohibited within this state. | West Virginia Division of Financial Institutions (WV DFI) as of 2026-09-16 |
| Small-loan / installment lender licensing | Regulated consumer lender license required from the Commissioner (W. Va. Code § 46A-4-101) Source says: Unless a person has first obtained a license from the commissioner authorizing the person to make regulated consumer loans | West Virginia Legislature (West Virginia Code) as of 2026-09-16 |
| State lending regulator | West Virginia Division of Financial Institutions (WV DFI) Source says: The West Virginia Division of Financial Institutions is charged with the regulation and supervision of financial institutions chartered by the State of West Virginia. | West Virginia Division of Financial Institutions (WV DFI) as of 2026-09-16 |
How to compare offers in Masontown
Here is a short checklist for comparing personal loans in Masontown:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in West Virginia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.